Police on Monday are investigating the origins of a large sum of money found hidden at a Nicosia residence.

Following investigations, police arrested a 33-year-old woman for possession of illegal goods on Sunday, while she is also being investigated for money laundering.

Officers from the drug squad (Ykan) found a safe hidden in the bathroom of her home, containing €126,360 for which the 33-year-old could not provide adequate explanation.

She was charged in writing and released pending summons